KM Financial Solutions | Papua New Guinea to investigate terms of UBS loan
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Papua New Guinea to investigate terms of UBS loan

Papua New Guinea to investigate terms of UBS loan

Papua New Guinea will start
preliminary hearings on Sept. 19 into the terms of a A$1.2
billion ($810.5 million) loan from Swiss bank UBS used
for an ill-fated government investment in the gas sector, the
inquiry’s chairman said on Monday.

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